AUD/JPY Client Positioning

Variety of merchants net-short has decreased by 16.50% from final week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

AUD/JPY

BEARISH

51.18%

48.82%

23.81%
Day by day

26.21%
Weekly

-21.27%
Day by day

-16.50%
Weekly

-3.24%
Day by day

0.99%
Weekly

AUD/JPY: Retail dealer information reveals 51.18% of merchants are net-long with the ratio of merchants lengthy to brief at 1.05 to 1. The truth is, merchants have remained net-long since Jul 28 when AUD/JPY traded close to 75.20, worth has moved 3.09% greater since then. The variety of merchants net-long is 23.81% greater than yesterday and 26.21% greater from final week, whereas the variety of merchants net-short is 21.27% decrease than yesterday and 16.50% decrease from final week.

We sometimes take a contrarian view to crowd sentiment, and the actual fact merchants are net-long suggests AUD/JPY costs might proceed to fall.

Our information reveals merchants are actually net-long AUD/JPY for the primary time since Jul 28, 2020 when AUD/JPY traded close to 75.20. Merchants are additional net-long than yesterday and final week, and the mixture of present sentiment and up to date modifications provides us a stronger AUD/JPY-bearish contrarian buying and selling bias.